M&A Deal Summary

OpenText Acquires Daegis

On November 23, 2015, OpenText acquired software company Daegis

Acquisition Highlights
  • This is OpenText’s 16th transaction in the Software sector.
  • This is OpenText’s 18th transaction in the United States.
  • This is OpenText’s 3rd transaction in Texas.

M&A Deal Summary
Date 2015-11-23
Target Daegis
Sector Software
Buyer(s) OpenText
Deal Type Add-on Acquisition

Target

Daegis

Irving, Texas, United States
Daegis, Inc. is a global enterprise software company with comprehensive offerings for information governance, application migration, data management and application development.

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Buyer(S) 1

Buyer

OpenText

Waterloo, Ontario, Canada
Category Company
Founded 1991
Sector Software
Employees23,700
Revenue 4.5B USD (2023)
DESCRIPTION

OpenText is an independent software provider of enterprise information management (EIM). Open Text was founded in 1991 and is based in Waterloo, Ontario.

DEAL STATS #
Overall 28 of 45
Sector (Software) 16 of 21
Type (Add-on Acquisition) 23 of 36
State (Texas) 3 of 4
Country (United States) 18 of 32
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-16 Actuate

San Mateo, California, United States

Actuate Corp. is a provider of software platform to more than three million BIRT developers and OEMs who build scalable, secure solutions that save time and improve brand experience by delivering personalized analytics and insights to over 200 million of their customers, partners and employees.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-27 ANXeBusiness

Southfield, Michigan, United States

ANXeBusiness Corp. is a provider of mission-critical data connectivity and transaction delivery solutions to the North American automotive industry including the original equipment manufacturers ("OEMs") and the supporting vendors in their supply chain.

Buy $100M
Mergr

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